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S&P 500
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2920.72 PTS
Real-time Quote. Real-time  - 09/25 10:10:00 pm
2915.56 PTS   -0.13%
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Analysis summaryMarketScreener Strategies

Near the equilibrium after US GDP

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10/28/2016 | 03:33pm
Opinion : Check out the trading range breakout PTS 2132/ PTS 2154

After finishing slightly down 0.3% at 2133 points in the wake of mixed results from major US companies and tensions on the bond market, the S&P500 should start the session close to balance.

The first estimate of US GDP for the third quarter came out at +2.9% VS +2.5% expected.

As for statistics, only the Michigan consumer sentiment will be released at 10AM, the consensus expects 88.2.

Technically, the S&P500 remains in an horizontal consolidation between 2132/2154 points. That's why we will wait to act.

S&P 500 : Near the equilibrium after US GDP

Sébastien Gatel
© Zonebourse.com 2016
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